Today we’ll review NewDay USA, a mortgage lender that is geared specifically toward veterans and active duty military. Like other mortgage companies, they offer both home purchase loans and refinance loans, but only those backed by the United States Department of Veterans Affairs (VA) and the Federal Housing Administration (FHA). Are you searching for a VA loan? NewDay USA specializes in working with veterans to offer guaranteed home loans and refinancing options. Find out more here. America's Mortgage Company for Veterans . NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, veterans and their families achieve their financial and housing goals. The company employs best practices in mortgage lending and career growth for mortgage professionals. The CFPB is ordering NewDay USA to pay a $2.25 million civil penalty to the CFPB’s victims relief fund. “NewDay USA baited veterans and military families into cash-out refinance mortgages by hiding the true costs of these loans,” said CFPB Director Rohit Chopra. NewDay USA’s VA zero down loans let qualified veterans take out a mortgage and purchase a home without a down payment and at a low rate. NewDay USA is a VA-approved mortgage lender, which provides financial solutions to U.S. Veteran homeowners and their families. Led by a retired Navy Rear Admiral, they’re proud to have distinguished Veterans on their board of advisors and management team. Explore the VA home loan eligibility requirements and find out if you qualify for a low-rate Veterans' loan from NewDay USA. When you’re shopping for a mortgage, it’s important to understand your options, and to know how to compare different loans. The VA loan program includes several different types of loans. If you’ve been exploring veterans mortgage loans and you’re feeling lost, keep reading below to learn more. NewDay USA, found online at NewDayUSA.com, is a licensed mortgage broker focusing on the needs of veterans. They state that their financial products can help veterans take advantage of certain veteran specific benefits. Below we take a closer look at NewDay USA and their customer reviews.
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